Category Archives: Cryptocurrency

BitCoin, LiteCoin, etc.

CryptoCoinsNews – Cryptocurrency and Bitcoin News with …

Posted on by

Charlie Shrem was formally indicted on April 10th. Three months ago, Charlie Shrem, the former Vice Chairman of the Bitcoin Foundation and CEO of the now-defunct BitInstant, was arrested in New York on...

3 weeks ago, I had the pleasure of writing an article I'd dreamed of writing for months and months on end. Gyft Adds Walmart Gift Cards!! Alas, all good things are not meant to last. For the last 3...

Today, in an announcement to their site, OKCoin has implemented the immediate suspension of recharge activities via their Chinese Merchant's Bank account. Instead, OKCoin has moved onto a recharge code...

Marc Andreessen is a Facebook board member. He is also a firm believer in Bitcoin. He might be one of the reasons why Facebook will add Bitcoin payments in the future. The price of Bitcoin is soaring...

Although certainly not an absolute requirement, a quality cryptocurrency trading terminal can make all the difference in the world when it comes to both trading efficiency and potential profitability. On April...

In my search for physical Bitcoins, I ran across the Bitcoin Specie coin. It is a 1oz .999 silver coin that does not have any Bitcoin value. It has a QR code that takes you to a webpage to give you the current...

The Blackcoin team sees Blackcoin contending to be one of the top crypto-currencies. Despite launching with no fanfare, and overcoming a hard-fork early in development, Blackcoin today sits ranked #6 by...

As you can see from the Bitcoin chart below, the Bitcoin price has increased rapidly in the last few hours. With a low of 407 USD per Bitcoin, the price has reached 455 USD per BTC with buy orders of more than...

Unfortunately, this sign alone is not enough to accept Bitcoin. BIGbtc will help merchants cover everything needed to accept Bitcoin the right way. With the growing number of merchants who accept Bitcoin...

Read the original:
CryptoCoinsNews - Cryptocurrency and Bitcoin News with ...

How To Create Your Own Cryptocurrency ⚙ Co.Labs ⚙ code …

Posted on by

When you look at the complexities that go into making a physical dollar bill its plain to see why most people dont start trying to print a new form of currency every day, but making a new digital currency is surprisingly easy for someone with even basic coding skills. But coding isnt the only step to getting your digital currency off the ground. Here are the five steps you should follow according to the makers of three cryptocurrencies.

When you think about creating a new digital currency it's easy to assume the first step would be to begin coding your coin, but thats the wrong place to start, according to Chris Ellis, a London entrepreneur and a community activist at Feathercoin.

The first step is to find a community and build a currency around them rather than building a currency and expecting everyone to show up, Ellis says. It has to be sensitive to their needs and be relevant to their cultural heritage and background.

Feathercoin was created by Peter Bushnell in April 2013. Bushnell left his job as head of IT at Oxford Universitys Brasenose College because he wanted to start his own currency that put people at the center. This was in response to what he saw as a lack of community involvement and inclusiveness by the existing cryptocurrencies, such as Bitcoin, on the popular cryptocurrency site bitcointalk.org.

Though he had not met Bushnell at the time, Ellis, who had been actively promoting and educating people on cryptocurrencies since last March, shared the sense of alienation and seclusion found on Bitcoin forums.

These forums were very tech focused and not very welcoming to newcomers or minority groups which are often served better by smaller teams, Ellis says. The forums did not make it easy for people to get involved in the development of the coin. Many people on these forums take a backseat and speculate on the price rather than actively getting involved.

Ellis found the cryptocurrency community activism he was looking for in Feathercoin, whose technical development he says benefits greatly from its community activism approach.

For Feathercoin we were a group of crypto enthusiasts, some of whom were new to the scene but who felt shut out from the rest of the space, Ellis says. Everyone at Feathercoin feels its important to demonstrate how a devoted group of people can establish a stable currency, he says. By working together a community of dedicated crypto enthusiasts are much better able to find and address vulnerabilities and security threats, like the 51% attack, which the community of coders at Feathercoin have successfully built protections against.

Building such protections and nurturing the development of your currency give your coin legitimacy and trust in the eyes of the public, something that is hard to do if those involved in the currency are passive spectators looking out for their own interests.

Surprisingly, every single currency developer I spoke with said the same thing: Coding your cryptocurrency is usually the least time-intensive part of the process. Thats because virtually every cryptocurrency on the market today is based on the open source code of Bitcoin or Litecoin that is available on GitHub.

Link:
How To Create Your Own Cryptocurrency ⚙ Co.Labs ⚙ code ...

Bitcoin Center NYC To Support Wednesday’s CryptoCurrency Convention By Hosting After-Party

Posted on by

New York, NY (PRWEB) April 08, 2014

Bitcoin Center NYC, the citys only brick-and-mortar Bitcoin institution dedicated to the further adoption of Bitcoin, announced today that the center is supporting the one-day CryptoCurrency Convention on Wednesday, April 9th by sponsoring the events official after-party.

The party will take place at Bitcoin Center NYC starting at 6:00 p.m. on Wednesday, April 9th. It will showcase the live open outcry of bitcoin trading activity of Satoshi Square. Refreshments will be provided courtesy of Bitcoin Center NYC.

CryptoCurrency Convention is a one-day conference that takes place the day after the MediaBistro Inside Bitcoins conference. The mission of the CryptoCurrency Convention is to bring awareness and acceptance to all cryptourrency and provide the necessary education and exposure for adoption. New York being the financial center of the United States, it is only a matter of time before a live virtual currency exchange becomes a reality.

If the Internet were its own country, it would have its own currency. Now it does, said CryptoCurrency Convention organizer Teddy Dupay of Florida. Cryptocurrencies such as Bitcoin are the future, and their possibilities are both endless and unimaginable.

In addition to Bitcoin Center NYCs sponsorship of the CryptoCurrency Convention through holding an after-party, the centers founder Nick Spanos is scheduled to speak at the convention from 2:30-3:30 p.m.

Were excited to have Nick speak at the CryptoCurrency Convention and want to thank Teddy and digital currency developers and promoters by offering them hospitality, said James V. Barcia, Communications Director for Bitcoin Center NYC. Bitcoin Center NYC often supports Bitcoins peers by maintaining close ties with Joseph Fiscella of FlorinCoin, Reggie Middleton of UltraCoin, and Payu Harris of MazaCoin, to name only a few such relationships.

Bitcoin Center NYC is also a key supporter of the MediaBistro Inside Bitcoins conference through its sponsorship of the events Bitcoins Trading Caf located at Booth #409.

Event details are as follows. Time is Eastern.

Wednesday, April 9, 2014

Follow this link:
Bitcoin Center NYC To Support Wednesday's CryptoCurrency Convention By Hosting After-Party